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What will happen if I buy a social security company and social security?
Legal basis: Article 74 of the Labor Law of People's Republic of China (PRC), the social insurance fund handling agency collects and pays, manages and operates the social insurance fund according to law, and is responsible for maintaining and increasing the value of the social insurance fund. Social insurance fund supervision institutions shall supervise the income and expenditure, management and operation of social insurance funds according to law. The establishment and responsibilities of social insurance fund handling institutions and social insurance fund supervision institutions shall be prescribed by law. No organization or individual may misappropriate social insurance funds.
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